Some things I've learned after hodling bitcoin since early 2017
1. Never believe anyone's price predictions. 2. Don't "diversify" into other cryptos; none of them are actually decentralized, everything except bitcoin is a shitcoin (yes, really), and it's all gambling. The point of bitcoin is not gambling, but to end modern day slavery (fiat currency). 3. When everyone you know is talking about bitcoin, you're at the top of a bull market. You'll likely be too exuberant to realize it though. It will be obvious in hindsight. 4. Don't "trade some altcoins on the side to get more bitcoin". You are not that smart, and the overwhelming probability is that you will get wrecked. 5. DCA into bitcoin. Ignore your emotions. Don't try to time the market. Just stack what you can every paycheck. 6. Don't be too excited about bitcoin; people will feel like you're scamming them even though you're just trying help. 7. Go to meetups & conferences. Don't be isolated. Bitcoiners are generally very awesome people. 8. When people ask you about how to buy bitcoin, send them to a BITCOIN-ONLY company. Example for why: My cousin bought bitcoin (on Coinbase) during the bull market, then sold it for shiba on the same platform and now she pretty much lost everything. Bitcoin-only companies are the safest option to keep newbies from doing newbie things. 9. Be on #bitcoin twitter and nostr. Obviously if you're reading this, you're already here...but I didn't get on twitter until 2020 and can tell you that it's a lot less lonely hodling bitcoin when you see a bunch of other people on this platform experiencing the same things you are. 10. Be skeptical of influencers. Even me (I'm not a huge account, but still). Some are good, some are bad. Even if they have good intentions, their judgement can be clouded by bad incentives. 11. Stop trying to convince everyone you know that bitcoin will make everything better (even though it will). Instead, be a good resource for the people who eventually reach out to you about it. Be known as "the bitcoin guy" and let people come to you when they're ready. Have good content prepared for them to read/watch when they do. That is all. It's been a great ride so far and I'm happy to know you guys. #bitcoin #dyor #crypto2023
Walrus Protocol Review: Scalable, Secure, and Cost-Efficient Solution For Blockchain Storage
According to Binance, users who subscribed their BNB to Simple Earn (Flexible or Locked) and/or On-Chain Yields between October 1, 2025, 00:00 (UTC) and October 3, 2025, 23:59 (UTC) will receive WAL airdrop rewards. These tokens will be distributed to users’ Spot Accounts at least one hour before trading starts. Listing Time: 07:30 UTC on October 10, 2025 (14:30 Vietnam time)Trading Pairs: WAL/USDT, WAL/USDC, WAL/BNB, WAL/FDUSD, and WAL/TRYTotal Supply: 5,000,000,000 WALAirdrop Rewards for HODLers: 32,500,000 WALCirculating Supply at Listing: 1,478,958,333 WAL (~29.57% of total supply) This Binance Spot listing highlights Walrus Protocol’s growing influence within the Sui ecosystem and its strong potential as a next-generation data infrastructure Introduction Data storage has become an essential part of modern life, protecting everything from personal memories to important business files. While traditional storage systems have served us for many years, they are increasingly challenged by security concerns, limited scalability, and centralization. To address these issues, Walrus Protocol introduces a decentralized storage solution built on the Sui blockchain. The platform is designed to address the inefficiencies of conventional systems, especially the high costs associated with data replication and the limited usability of centralized models. Key Takeaways:
– Walrus Protocol is a decentralized storage protocol optimized for large binary files, using erasure coding and staking with WAL tokens to reduce costs. – Walrus maintains high reliability, allowing data recovery even if two-thirds of storage nodes fail or are compromised. – Built on the Sui, the protocol uses smart contracts for coordination, availability certification, and payments. What is Walrus Protocol? Walrus Protocol is a decentralized data storage network designed to provide secure, efficient, and cost-effective solutions for storing digital content. Built on the Sui blockchain, it addresses key challenges of traditional centralized systems, such as high replication costs and limited durability and availability. The platform enables users and businesses to permanently store digital assets—including images, PDF files, and other content—without compromising its security or performance. It uses smart contracts to coordinate storage operations, certify data availability, and process payments.
Positioning itself as the foundational technology for Web3, Walrus Protocol is thriving in the competitive decentralized storage landscape. Integrating with blockchain infrastructure not only enhances data security, but also ensures greater accessibility and flexibility for users.
Walrus also incorporates advanced cryptographic techniques and a staking mechanism powered by WAL tokens to reduce costs and improve storage efficiency. The Walrus Protocol mainnet is scheduled to launch on March 27, 2025. Did you know? Walrus is not only useful for digital assets like NFTs but also helps businesses in their strategy to recover important data at low cost. Walrus Protocol Highlights Cost-Efficient Storage Walrus optimizes storage costs by ensuring data is uploaded only once, while storage nodes require significantly fewer resources relative to the data size. As the number of storage nodes increases, individual nodes handle smaller data portions, further minimizing overall storage expenses. High Availability and Reliability The protocol maintains strong data availability even in failure scenarios. It can recover stored information even if two-thirds of the nodes fail or are compromised. Additionally, data validation is efficient, eliminating the need to download entire data blocks for verification. Seamless Integration with Sui Blockchain Walrus leverages the Sui Blockchain to manage storage resources as Sui objects, coordinate node activities, and facilitate payment processing, ensuring smooth and automated operations. Robust Tokenomics The WAL token underpins the protocol’s staking mechanism, incentivizing both storage node operators and users who engage with the system. Developer-Friendly Tools and API Support Walrus is compatible with a range of developer tools, including CLI, SDK, and Web2 HTTP technologies. This broad support enables seamless integration into various applications. Privacy Protection While data stored on Walrus remains publicly accessible, users can enhance privacy by encrypting sensitive content off-chain before uploading. How Walrus Protocol Works Walrus operates on a streamlined, six-component system designed to facilitate efficient decentralized data storage on the Sui blockchain. At the forefront are End Users, individuals who upload various forms of data—known as blobs, such as images or audio files—onto the network. These blobs are accessible and retrievable as needed. Serving as the intermediary, the Client connects End Users to the network’s infrastructure by receiving the data and transmitting it to the Publisher, which is tasked with recording the blobs into the system. Operating model of Walrus Protocol The backbone of Walrus lies in its Storage Nodes. These nodes store the data and handle user access requests. Participation as a node requires users to stake WAL, the platform’s native token, ensuring commitment to the network’s integrity. Supporting the system’s scalability, the Aggregator collects data from various storage nodes and facilitates delivery to other systems or users, enhancing retrieval efficiency. To ensure low-latency access, Walrus also employs a CDN/Cache, which temporarily stores frequently accessed data, minimizing delays for end users. Walrus’s data handling follows a multi-step mechanism: Data EncodingStorage VerificationData RetrievalIncentive DistributionNode Governance Blobs are broken into smaller segments called slivers using an erasure coding algorithm. These slivers are distributed across the storage nodes to maintain data redundancy and reliability. Storage nodes receive and store slivers, then submit cryptographic proofs to the Sui blockchain confirming they are actively storing the data. Users can access stored blobs through various interfaces, including CLI, SDK, or HTTP API. Even if some slivers are lost, the system can reconstruct the original data using the remaining fragments. At the close of each epoch, the network allocates rewards to active storage nodes and WAL token stakers based on their contributions. Node performance is regularly evaluated through smart contracts, which can add or remove nodes depending on their reliability and activity during each epoch.
WAL Token WAL serves as the native token of the network and is central to the Walrus Protocol’s decentralized storage model.
Release Schedule WAL token release schedule. Source: Walrus WAL Token Use Cases Payment: Users pay for storage in WAL at a fixed rate.Security: WAL is staked to secure the network, allowing users to participate in network security even when not operating a node.Governance: WAL is used to manage and adjust system parameters.
Team The team behind Walrus comes from Mysten Labs, the company that created the Sui network. Key members include: Evan Cheng: Co-Founder and CEO.Sam Blackshear: Co-Founder and CTO.Adeniyi Abiodun: Co-Founder and CPO.Kostas Chalkias: Co-Founder and Chief Cryptographer.George Danezis: Co-Founder and Chief Scientist. Conclusion Walrus Protocol provides an efficient, secure and cost-effective decentralized storage solution, suitable for many use cases from asset storage to data. With an optimized operating mechanism and deep integration with Sui, the protocol is promising to ensure the sustainability of the storage system to compete with other DeFi platforms. $WAL #walrus
SHIB Price Climbs Despite Major Futures Outflows: What's Next for Shiba Inu?
Shiba Inu price rises 3.71% to $0.00000853 as futures outflows hit $10.5M in 24 hours. Analysts watch key support at $0.0000081 amid death cross formation and mixed technical signals. Shiba Inu futures contracts experienced significant capital withdrawal over the past day. Data from CoinGlass reveals that 1.24 trillion SHIB tokens, valued at $10.50 million, exited futures positions during this period. This outflow exceeded the $8.8 million in inflows, creating a net negative flow of $1.7 million. The withdrawal pattern suggests traders are pulling back from leveraged positions in the meme cryptocurrency. Such movements typically indicate reduced confidence in short-term price action or profit-taking after recent volatility.
Price Action Shows Recovery Attempt SHIB's price climbed 3.71% in the past 24 hours, reaching $0.00000853 at press time. This represents a rebound from Friday's low of $0.00000815, which marked the bottom of a two-day decline. Trading volume increased by 4.39% to $94.53 million, suggesting sustained market interest despite the futures outflows.
The token faces immediate resistance at $0.00001017. A breakthrough at this level could push prices toward the 50-day moving average at $0.00001084. Technical analysts point to $0.000015 as a potential long-term target if bullish momentum builds. However, recent technical indicators present a mixed picture for traders. Technical Signals Flash Warning Signs A death cross formation appeared on the hourly chart as the 50-hour moving average crossed below the 20-hour moving average. This marks another such occurrence in 2026 and generally signals short-term bearish pressure. The pattern often precedes price consolidation or further declines. Support levels require close monitoring in the coming sessions. The daily 50-period moving average at $0.0000081 serves as crucial support. Maintaining prices above this threshold remains essential for preserving upward momentum. A failure to hold could send SHIB toward the next support zone at $0.00000732. The Relative Strength Index and other momentum indicators point toward potential range-bound trading. Neither buyers nor sellers have established clear dominance. This equilibrium could persist until a significant catalyst emerges to shift market sentiment. $SHIB #SHIB
Evaluating Plasma’s Architecture: Why Long-Term Design Matters More Than Hype
When evaluating new blockchain projects, I usually look beyond surface level metrics and focus on one key question: does the architecture make sense long term? With Plasma , the concept seems to lean toward building sustainable infrastructure rather than chasing temporary attention. That’s an important distinction in an industry where narratives shift quickly. $XPL as a token will likely be closely tied to how useful the network becomes for developers and users. If adoption grows organically, utility tends to follow. I personally think projects like #plasma benefit most from community members who take time to understand the tech rather than simply reacting to price movements. Deeper understanding usually leads to stronger ecosystems. @Plasma #Plasma
Plasma (XPL) is a Layer-1 blockchain designed to optimize stablecoin transactions, offering zero-fee transfers, high-speed settlements, and Bitcoin-level security. Stablecoin Infrastructure – Built to streamline global stablecoin payments and DeFi integration.Hybrid Tech Stack – Combines EVM compatibility for smart contracts with a custom consensus mechanism (PlasmaBFT).Token-Aligned Incentives – XPL secures the network, funds gas fees for complex transactions, and rewards validators. Deep Dive 1. Purpose & Value Proposition Plasma aims to create a global financial layer for stablecoins, focusing on zero-fee USD₮ transfers and seamless integration with traditional finance. It targets inefficiencies in cross-border payments and DeFi by prioritizing speed (sub-second finality) and cost reduction. The network launched with $2B in stablecoin liquidity and partnerships with protocols like Aave and Ethena to bootstrap utility. 2. Technology & Architecture Plasma uses PlasmaBFT, a high-throughput consensus mechanism optimized for stablecoin flows. It’s EVM-compatible, enabling Ethereum developers to deploy apps effortlessly, and features a Bitcoin bridge for trust-minimized BTC integration. Unique features include: - Gasless transactions for basic USD₮ transfers (fees covered by protocol). - Custom gas tokens (pay fees in stablecoins or XPL). - Confidential transfers (planned) to balance privacy and compliance. 3. Tokenomics & Governance XPL’s 10B supply is allocated as: - 40% to ecosystem growth (grants, liquidity incentives). - 25% to team/investors (locked for 1–3 years). - 10% public sale. Validator rewards start at 5% annual inflation, tapering to 3%, with base fees burned to counter dilution. Governance is validator-driven, with future plans for community voting. Conclusion Plasma positions itself as a blockchain purpose-built for stablecoins, merging Bitcoin’s security with Ethereum’s flexibility. Its success hinges on adoption of zero-fee stablecoin transfers and scaling real-world use cases like remittances. Can Plasma balance institutional compliance with decentralized ethos as stablecoin regulation evolves?